Bitcoin Chatter Flips Back to Bearish. Here’s What Price Did Last Time

Bearish comments now outnumber bullish ones for Bitcoin (BTC), Ethereum (ETH), and XRP (XRP), Santiment data shows. XRP draws roughly 1 bullish comment for every 2 bearish ones. The bearish turn has tracked a steady slide in crypto prices. For Bitcoin, it echoes early November, when a quick rally followed similar gloom and then faded. The Gloom Spread From Altcoins to Bitcoin Santiment tracks crypto sentiment by comparing bullish and bearish comments across major social platforms. A reading below 1.0 means bearish posts make up the majority. The mood soured on altcoins first. On October 2, Ethereum sentiment fell to 0.89 , and XRP sentiment dropped to 0.67. Bitcoin stayed positive at 1.37. The record Binance hack in late October sped up the slide, according to Santiment.

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